MGM China plans USD notes sale, terms yet to be set

MGM China follows Las Vegas Sands in announcing Notes offerings to pay down existing debt

MGM China revealed Wednesday it is looking to conduct an international offering of Notes to professional investors, with a view to paying down existing debt. The announcement follows a similar initiative announced by Las Vegas Sands (LVS) – parent company of Sands China and operator of Singapore’s Marina Bay Sands – earlier in the week. LVS said it had entered into an underwriting agreement with a group of banks to issue and sell US$500 million…

MGM China plans USD notes sale, terms yet to be set

Macau gaming operator MGM China Holdings announced on May 5th that it is proposing an international offering of U.S. dollar-denominated senior notes to professional investors only, subject to market conditions […] The post MGM China plans USD notes sale, terms yet to be set first appeared on Asia Gaming News | AGB - Asia Gaming Brief.